Banco Santander Brasil SA ADR
NYSE: BSBR · FINANCIAL SERVICES · BANKS - REGIONAL
Updated 2026-06-05
Banco Santander Brasil SA ADR (BSBR) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $102.03B | $116.04B | $294.19B | $315.97B | $374.66B | $400.58B | $422.61B | $453.05B | $520.23B | $605.39B | $634.39B | $645.74B | $723.87B | $762.24B | $933.58B | $931.21B | $985.45B | $1.12T | $1.24T | $1.27T |
| Cash & equivalents | $1.18B | $1.64B | $23.70B | $27.27B | $56.80B | $65.94B | $55.54B | $51.71B | $55.90B | $89.14B | $110.60B | $100.87B | $31.72B | $20.13B | $78.93B | $101.57B | $149.64B | $193.99B | $204.88B | $201.98B |
| Current assets | $17.51B | $24.36B | $25.76B | $29.43B | $107.14B | $114.23B | $105.07B | $103.62B | $137.39B | $163.01B | $174.98B | $190.74B | $122.60B | $121.18B | $196.74B | $274.18B | $290.93B | $254.31B | $298.17B | $273.19B |
| Total liabilities | $94.05B | $106.77B | $244.35B | $246.71B | $301.30B | $323.70B | $343.47B | $371.40B | $441.55B | $525.56B | $549.58B | $558.65B | $632.27B | $89.42B | $827.49B | $825.23B | $874.77B | $1.00T | $1.12T | $1.14T |
| Current liabilities | $31.79B | $38.87B | $193.52B | $175.07B | $174.38B | $181.45B | $195.91B | $215.84B | $242.66B | $288.23B | $392.04B | $347.64B | $304.51B | $285.48B | $503.78B | $497.80B | $529.22B | $737.96B | $813.22B | $800.04B |
| Long-term debt | — | $3.94B | $9.18B | $13.05B | $17.91B | $26.57B | $32.20B | $31.43B | $29.23B | $112.71B | $100.31B | $70.77B | $84.51B | $73.70B | $70.00B | $98.68B | $126.66B | $144.02B | $23.14B | $28.11B |
| Shareholder equity | $7.98B | $9.26B | $49.83B | $69.27B | $73.36B | $76.86B | $78.90B | $81.37B | $78.30B | $79.84B | $84.81B | $87.09B | $91.60B | $672.82B | $105.78B | $105.64B | $110.18B | $114.45B | $119.49B | $125.17B |
| Retained earnings | $101.53M | $-36.84M | $3.62B | $7.67B | $7.38B | $7.74B | $5.48B | $5.72B | $5.63B | $9.78B | $7.33B | $8.92B | $12.58B | $16.41B | $13.42B | $54.39B | $60.44B | $63.92B | $61.45B | $65.37B |
| Accounts receivable | $15.63B | $21.13B | $1.15B | $2.16B | $2.26B | $3.04B | $4.77B | $4.36B | $5.03B | $5.60B | $6.56B | $4.05B | $5.45B | $4.93B | $7.06B | $9.08B | $14.79B | $13.78B | $16.98B | — |
| Inventory | — | $17.99M | $48.67M | $98.40M | $40.18M | $71.07M | $80.93M | $116.37M | $350.09M | $-147.46B | $-204.84B | $-160.25B | $-148.62B | $-113.07B | $-185.45B | $-112.74B | $-176.30B | $15.05B | — | — |
| Goodwill | — | — | $27.49B | $28.31B | $28.31B | $27.22B | $27.22B | $27.22B | $28.27B | $28.33B | $28.36B | $28.36B | $28.38B | $28.38B | $28.36B | $27.92B | $27.89B | $27.85B | $27.89B | $27.84B |
Frequently asked questions
What is Banco Santander Brasil SA ADR's revenue?
Banco Santander Brasil SA ADR's trailing twelve-month revenue is $45.72B, and consensus projects about $116.90B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is BSBR?
In its most recent fiscal year, BSBR ran a gross margin of 27.52%, an operating margin of 11.04%, and a net margin of 8.42%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does BSBR generate?
BSBR produced $1.34B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is BSBR's balance sheet healthy?
BSBR holds $201.98B in cash and equivalents against $28.11B in long-term debt, on $125.17B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.